We hope it's not true... but we're seeing more and more news of possible layoffs at oil companies with ties to the ArkLaTex.

According to Reuters...oilfield service providers Baker Hughes Inc and Halliburton Co plan to cut thousands of jobs as drilling activity slows further due to a steep fall in crude oil prices.

"We expect our headcount adjustments to be in line with our primary competitors," Halliburton's Chief Operating Officer Jeffrey Miller said on a post-earnings call on Tuesday, without giving a specific number.

Ugh. We love our cheap gas... but not at the expense of our neighbors.  Here's the article.

 

 

 

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